Sunday, 09 September 2012

In a sign that some activists want to see a shift in economic policy, one amendment calls on the party to "prioritise measures to boost demand through public and private investment, using all tools available to government, including the flexibility of its mandate over further spending cuts, beyond those already in place that would suppress confidence and demand yet further".
It also asserts that spending cuts allied to monetary policy have failed to address the depressed state of th

e economy, and the further deterioration of the public finances caused by it.
Another calls for a wealth tax "in its own right and not a trade-off for further self-defeating cuts in welfare spending".
Guardian article in full